Adopting AI for Economic Growth in Developing Economies: Bangladesh Perspective

Please read and check the full paper thoroughly.

1.In introduction and literature review, discussion and conclusion, please avoid using the same source of references multiple times.

  1. In abstract, please relate the sentence- " For AI to be useful in Bangladesh,……" with statistical results obtained in the analysis.
  2. Data and methodology, please relate your methods to research objectives and develop accordingly. [Y = a+B1X1+X2B2+X3B3+et] Please, regress multiple regression instead of simple regression. Provide descriptive statistics, test of significance and other necessary output for robustness of the analysis.

4.The discussion section is left uninterpreted completely. Please interpret the results substantially in this section. Relate every findings to research questions and objectives and supporting the answers.Please compare the results.

  1. Explain the simulation analysis with impact.
  2. Please use a section for policy implication of the analysis for country.
  3. Please state the importance of the study and conclude based on findings.

This paper will examine the potential implication of artificial intelligence (AI) for economic growth in developing economies of South Asia-Bangladesh. It shall aim to explore the effects of AI adoption on production and employment through substitution and complementarity effects. This study will try to analyze why and to what extent the adoption of AI as technology fails to cause benefits as predicted by mainstream theories. The paper needs to factual, analytical, original and supported by empirical evidence.

  1. Research objectives:
    This paper targets
    • to quantify the impact of AI adoption on Gross Domestic Product through automation in the production of goods and services.
    • to measure/define the relationship between AI and employment via substitution/complementarity effects.
  2. Research Questions:
    • How may the adoption of AI technology impact Gross Domestic Product (GDP)?
    • What extent of AI adoption is required to bring about the perceived or estimated GDP?
    • To what extent does the adoption of AI as technology fail to bring benefits as predicted by economic theories? Why?
    • To what degree of AI adoption will transform the labor market? How?
    • How will the trade-offs between productivity and employment shape the structural change and benefit the economy if firms adopt AI technology as a factor of production?
    • How can developing economies gain from AI adoption compared to developed economies?
  3. Literature Review: It shall focus on AI adoption in developing countries in comparison with developed economies with mainstream economic theories focusing the research objectives. It must introduce the topic, strongly emphasize why the topic is important, relate to the current knowledge (what has been done) and indicate the GAP (what needs to be done).
  4. Data and Methods:
    The data source may be secondary data but primary data will be appreciated. To do the analysis, writer is requested to use the following methods.
    • Econometric tools using growth model* using STATA, E-VIEWS OR SPSS
    • Simulation analysis to forecast the future trend
    *any other model can be used if it fits the study well, given that the ANALYSIS IS RIGOROUS.
    other instructions:
    -Explanation of theory behind methodology used must be described.
    -The EXPERIMENTAL SET-UP must be clearly defined with methodological steps.
    -Results shall be ANALYZED, SUMMARIZED, EXPLAINED,
    -Research Answers shall also be SUPPORTED, DEFENDED WITH RESEARH OBJECTIVES
    -Comparison of different results is necessary.
    -Research questions need to be answered analytically.
    -State the importance of the findings
    -Establish newness of the paper
    -Indicate the author's contribution to the paper
    -Announce FUTURE RESEARCH SCOPE
    -State the limitations of the study
  5. Format of the paper: Title, Abstract (150-word), JEL Code, Introduction, Literature Review, Research objectives, Data and Methods, Results, Discussion, and References.
  6. APA styled, 12-Font, Times New Roman, double-spaced
  7. Equations: It shall be numbered.
  8. Cite Source: It shall be open-source journals (RePEc, Econ Paper, JSTOR, Google Scholar, SSRN, AND as such) or any better than these.
  9. References: The total number of references is 035. They must be of more recent time-oriented. (2014-to date). The reference list should appear at the end of the text, with hyperlinks to full-text papers on the Web, and should start on a new page. Issue numbers should be provided for all journals cited in the references. In the text, references should appear as follows: "North (1995: 29–35) finds that. Names and dates in the text should correspond strictly to the list of references.

This is so far, I want. However, if writers can offer any better analysis that will add more value, it will be appreciated.
I will provide the necessary files for future references.

Sample Solution